The British non-bank issuer delivered a 27% rise in structured notes revenue last year, pushing the business into record territory as it accelerates global expansion across distribution channels and markets.

Marex Group (Marex) amassed US$40.1m in revenue from structured notes in Q4 2025, a noticeable recovery from the previous quarter. Full-year revenue came to an all-time high at US$117.5m, a 27% increase year-on-year (YoY) ‘driven by strong performance in structured products (equities, fixed income and digital assets)’, according to the firm’s latest earnings report. Adjusted profit before tax from structured notes, referred to as ‘financial products’ in the financ